Sheppard Mullin Advises Save Mart Cos. In Sale to Private Equity Firm
Sheppard Mullin represented The Save Mart Companies in its acquisition by Los Angeles-based private equity firm Kingswood Capital Management LP. Headquartered in Modesto, California, The Save Mart Companies is the largest family-owned regional grocery chain in California, operating 204 stores under the banners of Save Mart, Lucky California and FoodMaxx, and serves communities throughout California and Northern Nevada.
The transaction was led by deal team partners Frank Bacelli and Cedric Powell and associates Mike Ragan and Shinduk Seo, but also involved significant multi-disciplinary efforts from numerous Sheppard Mullin experts including partners Keith Gercken and John Crisp on tax matters; partner Mike Leake and associates David Gao, Marko Valentine and Jordan Golden on real estate matters; partners Jim Ritter and Mike Baranovic on debt finance matters; associates Jordan Grushkin and Anahita Anvari on healthcare matters; and partner Olivier Theard and associate Zachary Norris on environmental matters.
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